One of the biggest problems with debt-settlement programs is that they can encourage consumers who are managing to keep up with their payment to default on their debts.
personal finance
Posted inBusiness, Maine
Singletary: How to talk to your aging parents about their finances
Start talking to your parents before memory issues set in.
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Posted inBusiness, Uncategorized
Michelle Singletary: Don’t go into debt to be part of a wedding
It’s better to know what you’re getting into financially than have resentment later that you’ve spent more than you can afford.
Posted inBusiness, Maine
Smart meter swap promised savings that never came
A shift to real-time pricing, expected to save consumers $338 million, was derailed by a billing debacle and a lack of competitive energy suppliers.
Posted inBusiness
Michelle Singletary: Should you welcome back boomerang children?
It’s a tricky process, but it can be done successfully if there’s plenty of communication.
Posted inBusiness
Singletary: Consider freezing your child’s credit
Unfortunately, young children can be victims of identity theft, and it can often go on for quite a while before anyone notices.
Posted inBusiness
Singletary: Best advice for retirement savings may not be what you expect
Young adults are told to save as soon as possible, but opinions differ.